Nureca promoter buys shares via manual filing after system glitch
- Nureca Ltd filed manual disclosures for promoter Saurabh Goyal due to automated system failures
- Promoter purchased 27,006 shares across six transactions between September 10 and 22, 2026
- Shareholding increased from 69.62% to 69.91% following open market purchases
- Total transaction value across all purchases was approximately ₹1.12 crore
- Disclosure made under Regulation 7(2) of SEBI PIT Regulations as a precautionary measure

*this image is generated using AI for illustrative purposes only.
Nureca Limited disclosed manual insider trading filings for Chairman and Managing Director Saurabh Goyal, following a failure in the automated disclosure mechanism on stock exchange platforms. The promoter acquired equity shares through open market purchases between September 10 and September 22, 2026, increasing his stake to 69.91%.
The company stated that transactions undertaken by Goyal on September 10, 2026, and subsequent dates did not appear on the exchange platform under the automatic/system-driven disclosure mechanism. Consequently, Nureca submitted these disclosures manually under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as an abundant precaution to ensure records were duly placed on file.
Transaction details
The promoter executed six separate purchase transactions across BSE and NSE. The total value of these acquisitions amounted to ₹11.27 million (approximate sum of listed values). The shareholding percentage increased incrementally from 69.62% to 69.91% over the period.
| Date | Exchange | Shares Purchased | Value (₹) | Post-transaction Holding (%) |
|---|---|---|---|---|
| September 10, 2026 | BSE | 100 | 34,800 | 69.62 |
| September 16, 2026 | NSE | 5,569 | 18,67,953.98 | 69.68 |
| September 16, 2026 | BSE | 746 | 2,51,472.30 | 69.69 |
| September 18, 2026 | NSE | 19,380 | 67,35,325.20 | 69.89 |
| September 18, 2026 | BSE | 761 | 2,63,115.30 | 69.90 |
| September 22, 2026 | NSE | 450 | 1,51,389.00 | 69.91 |
Regulatory context
Under Regulation 7(2) of the PIT Regulations, designated persons are required to disclose changes in their holdings within two trading days of receipt of such information by the company. However, when transactions are covered under the automated disclosure mechanism, separate manual filings are not ordinarily required. The company noted that since the specific transactions failed to reflect on the exchange platform automatically, manual submission was necessary to maintain compliance and transparency.
The disclosure was signed by Nishu Kansal, Company Secretary and Compliance Officer, on September 25, 2026. No derivatives trading was reported by the promoter during this period.
Historical Stock Returns for Nureca
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.34% | +1.62% | +12.43% | +47.36% | +44.87% | -79.24% |
Will SEBI launch an inquiry into the systemic failure of the automated disclosure mechanisms on BSE and NSE platforms?
How might the promoter's increasing stake toward the 75% threshold impact Nureca's future liquidity and free-float requirements?
Could this incident trigger broader regulatory scrutiny on insider trading compliance protocols across other listed companies?


































